Chandigarh receives limited bids for liquor vends

Chandigarh’s excise and taxation department has received bids for only 51 liquor vends of the total 97 liquor vends available for allotment under the Chandigarh's excise policy, for the fiscal year 2024-25.

For the financial year 2024-25, the department has decided to give 84 licences and increase the number of liquor vends from 95 to 97. The total reserve price of all liquor vends in Chandigarh has been fixed at Rs. 452.29 crore.

Even after increasing the number of vends by two, the reserve price has been reduced by Rs. 33.83 crore as compared to that of the previous fiscal.

For the first time, Chandigarh administration has also decided that unsold liquor vends will be run by the Chandigarh Industrial and Tourism Development Corporation Limited (CITCO).